fifty2kph

fifty2kph Updated 

I have recently been made aware of the beauty of the Gann. Needless to say, I am now a fan of Gann fans...I guess that makes me a Gann fan. I have literally only just started learning about Gann fans and fib retracement so take that chart with a bucket of salt. All those lines are support and resistance as far as I can tell; nothing magical, well, it is...

fifty2kph

4th market cycle potential maximum ATH prediction: $101,931 (MC: $1,752,636,750,000). Why use market cap data to help predict future price? Small market cap = a little volume can move price Big market cap = needs a big volume to move price Increase by Market Cap Bull 1: x801.7 Bull 2: x754.3 was 6% less than Bull 1's x801.7 Bull 3: x118.6 was 74.3% less...

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As my ex-stock market trader boss told me a few years ago: "it always tests twice". A clear comparison can be made between the gold monthly and ethereum weekly charts; human psychology never changes. We can see very similar patterns on different time frames in different markets; fascinating. Looks like ethereum is heading upto the previous ATH of $1,383 and the...

fifty2kph Updated 

Just noticed this on the weekly so drew 3 lines and here we are. The 1st one presumably doesn't hold much water, but included for consistency. So will price follow the pattern and rise above this trend line then use it as a springboard to moon to $1 gazillion dollars? Of course because TA has never been wrong.

fifty2kph

This is more of a fun short term prediction as all of the previous short term prediction charts have been around 100% wrong; so let's see if the glorious form continues. No explanation needed, unless you don't have eyes, but then you wouldn't even be reading this right now. OK, that's enough of that malarkey. See you on the moon.

fifty2kph

What can we see from the BTCUSD weekly chart? 1. Price is below the 21 MA ( bearish ) 2. The MACD is below 0 and heading south ( bearish ) 3. The RSI also looks like it's going to down and go into oversold territory ( bearish ) Short-term prediction Price will return to test $5,800 level, thus taking RSI into oversold; this will be a nice time to buy...

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After a few weeks of watching numerous YouTube videos of how to draw support & resistance (S & R) zones and learning why they are arguably the most important part of technical analysis , I have spent 8 days straight making this chart. Here is the latest video from my new favourite learning TA channel, they have quite a few on the subject: www.youtube.com About...

fifty2kph Updated 

Thought it was high time to update this ol' classic. Key Notes + the RSI , which as you can see times the bottom perfectly; it really is all you need. + historically, the price has always come down to touch the 7MA during a bull run so history suggests either a) price to go a little lower, right now the 7MA is at around $8,000 and rising and support is...

fifty2kph Updated 

OK, OK, that title was a little click baity, BUT not without good reason, I hope. It's a monthly chart this time, but also very simple. Let's get straight to the point: Long term trendlines stay intact, i.e. the price always comes back to the long-term trendline...until it passes the previous ATH (all time high), then it flies away like an unruly kite in a...

fifty2kph Updated 

Buy the dip? When is that? What if I buy then there's a bigger dip? How do I know there'll even BE a dip? Have I missed the boat? Relax. I know history doesn't repeat, it haikus blah blah blah, but if we CAN'T use historic data, what else can we use? So today's chart clearly shows good times to buy when the RSI is under 40 and the price is under the 50MA on...

fifty2kph Updated 

OK, I felt compelled to make a chart labeling all the relevant points that came to my attention recently in order to predict bitcoin's next move. I have included all key indicators that I personally have found helpful since I started this charting adventure around a year ago. Main Points + bitcoin is oversold AF + everyone in the crypto world who wanted to...

fifty2kph Updated 

For the average investor who has limited knowledge of TA, it's common knowledge that dollar cost averaging (DCA) is the best way to buy bitcoin. When to buy? Most will say: "It doesn't funking matter because looking back in *insert future date*, the current price of bitcoin will be considered so cheap and you would be crazy in the coconut not to buy right...

fifty2kph

I though it would be interesting to compare similar parabolic moves in Bitcoin's past and see where they corrected to regarding two things: + RSI level + Support & resistance zones RSI Level Simply put, after such a powerful move up, there is a good chance of the RSI going down below 40 before rising again Support & Resistance Zones As you can see, the...

fifty2kph Updated 

Duration of 2015 capitulation candle ~ 2015 first retest of previous major support (now resistance): 294 days Duration of 2018 capitulation candle ~ 2019 first retest of previous major support (now resistance): 168 days 168/294 = 57% Duration of 2015 resistance period: 203 days 57% of 203 = 116 days

fifty2kph Updated 

This was one of the most spatially challenging charts I've done, I've tried to show the data clearly, if it could be improved, lemme know. What is the Coppock Curve? The Coppock Curve is simply a smoothed momentum oscillator. It was originally designed for monthly charts and long-term analysis. It indicates good entry points for long term...

fifty2kph Updated 

Had some time to kill and thought it would be interesting to look at the trendlines at the bottom of the previous bear market compared with the current in terms of length, nothing revolutionary I know. Also thought it would be fun to see if I applied the same size arc shape to the last and current (maybe) bottom's volume (which recently has been proven to be a...

fifty2kph Updated 

It's very clear and easy to see. Melon has done what most other half decent alts have done: double bottomed and had a strong upward movement. Melon has never really had that much trading volume, however I believe this is a quality project and the team have been working hard and transparently and have been on target achieving their goals. OK, that was FA, but...

fifty2kph

Oh, why not? Why not make a prediction? A little fun speculation to brighten up the boring (assumed) bottom building. Just relaxing after a day at work, looking at the Bitcoin daily, because that's how I relax, apparently. Thoughts: after a bull market, the decline of the price MUST affect people emotionally the same way, right? I mean it was only 4 years ago,...